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As I explained in my previous post https://steemit.com/cryptocurrency/@jaysharma/technical-analysis-iota-miota-01-05-2018 that it might move upwards from here and thats what happened.
Current Status :
Right now IOTA came close to the resistance line in black. In few days we will see if it breaks the resistance or goes back again in the trading range. If it breaks the resistance with high volume it will quickly move towads its previous resistance of 0.00047500 BTC.